Saudi Arabia says China has not yet asked for more oil amid tighter Iran sanctions

Saudi Arabia says China has not yet asked for more oil amid tighter Iran sanctions
  • Clock-gray 11:59
  • calendar-gray 25 April 2019

Saudi Arabia’s energy minister Khalid al-Falih said on Thursday that China has “not yet” asked for more crude oil after the United States decided to end sanction waivers on Iranian oil imports that had permitted Beijing to keep buying from Tehran, ONAreports citing Reuters.

Asked if other Asian buyers had asked for more crude oil, al-Falih said: “In the beginning of May, we will find out demand for June and will be responsive.”

Saudi Arabia’s April crude oil production was nearly steady with previous months and will be in the 9.8 million barrels per day (bpd) range or “maybe lower”, he said.

Zumrud Pashkin

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